HIVE Digital Technologies: Top 10 Undervalued Capital Markets Industry Stocks (HIVE)
HIVE Digital Technologies is now ranked among the top 10 undervalued stocks in the Capital Markets industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Capital Markets: Large, major investment houses offering investment banking, merchant banking, underwriting, brokerage, research, advisory, and trading services to broad-based national and international markets.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| BKMT | Blockmint Techs | 0.04 | 0.07 | 0.03 (93.0%) | 3642 | 1.7 | 0.0 | 0.0 |
| DELX | Delphx Cap Markets | 0.15 | 0.26 | 0.11 (73.2%) | 36322 | 21.8 | 0.0 | 0.0 |
| CBIT | Cathedra Bitcoin | 0.11 | 0.18 | 0.07 (68.0%) | 304903 | 15.1 | 0.0 | 0.0 |
| HIVE | HIVE Digital Technologies | 4.92 | 5.15 | 0.23 (4.6%) | 673738 | 418.5 | 0.0 | 0.0 |
| CSTR | CryptoStar | 0.04 | 0.05 | 0.00 (4.3%) | 616965 | 19.3 | 0.0 | 0.0 |
| CF | Canaccord Genuity Gr | 8.25 | 8.37 | 0.12 (1.4%) | 216222 | 862.3 | 4.1 | 0.0 |
| CXI | Currency Exchange Intl | 24.15 | 24.34 | 0.19 (0.8%) | 3277 | 161.7 | 0.0 | 11.8 |
| NDA | Neptune Digital Assets | 0.35 | 0.35 | 0.00 (0.1%) | 146178 | 45.3 | 0.0 | 0.0 |
All data provided as of February 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
HIVE Digital Technologies
HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.
HIVE Digital Technologies is listed under HIVE on the TSX Venture Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
